This is one of the more interesting short talks I’ve listened to, and I’m posting it here in the hope that it gets wider distribution. It was presented by Elvy Del Bianco, a researcher with major BC credit union VanCity, itself a cooperative. Del Bianco’s position at VanCity is quite unique; his job is to research the relationship between arts and innovation and promote a cooperative business model in an attempt to foster social capital locally. What is social capital? Well, the short answer is that it’s the various benefits of cooperation. Del Bianco explains using the model of Italy’s Emilia-Romagna region, one of the most profitable in the EU thanks to its “lego economics” in which smaller businesses (balsamic vinegar, parmesan, even Ferrari) combine resources to leverage economic power. Culture both plays a role in and benefits from this model. It is also interesting to note that the region is not just wealthy but is one of the most democratic anywhere, with a small income gap in what is historically a left-wing Italian heartland with a long history of employee-owned companies.

Below is Del Bianco’s 6-minute talk at Vancouver’s Pecha Kucha, and it’s well worth watching no matter where you live. The audio is a little challenging at points, and as I found out when I spoke at Pecha Kucha, you have to speak quickly if you want to fit complex ideas into a 6 minute spiel. But it’s an extremely interesting talk. His comments the challenges facing arts and culture in Vancouver are interesting; he talks about condo development speculation driving unaffordability, as well as the massive, unique-in-Canada massive cuts to cultural investment on the part of BC’s provincial government.

Bianco is himself an artist, having worked many years as an actor after training at the London Academy of Music and Dramatic Art. He grew up in East Vancouver.